v3.3.0.814

Property And Equipment

12 Months Ended

Dec. 31, 2014

Property And Equipment

Property and Equipment

NOTE 2 - PROPERTY AND EQUIPMENT

Property and equipment consisted of the following as of:

		December 31, 2014				December 31, 2013
Computer equipment		$	1,963			$	6,446
Property & equipment			—				22,600
Less: accumulated depreciation			(343	)			(3,635	)
Property and equipment, net		$	1,620			$	25,411

During the year ended December 31, 2014, the Company disposed of furniture and computer equipment with a total book value of $29,046. The disposal resulted in a loss on disposal of fixed assets of $15,729.

Depreciation expense for the years ended December 31, 2014 and 2013 was $10,023 and $2,148, respectively. 

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The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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